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20121202
20121210
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just lost re-election and the eight or so seats. on the other hand, he still has a very diverse caucus in terms of ideology and it's going to be very difficult. you'll notice in hiss comments he didn't say no to 37%. that said, if he agreed to 37% and he's basically bilateral talks with the president, who says the kwaux is going to approve that. he could end up with a lot of egg on his face if he agrees with the president on this, they go forward with the vote, and it doesn't pass. >> david, the office of management and budget, omb, asking government agencies to figure out what they would cut if we do go over this fiscal cliff. talking a trillion dollars in cuts over ten years. that would mean furloughs for some federal workers, slower hiring, outside contracting, the closer we get to the cliff, the more real it begins to seem. how does that then change the negotiations? >> well, i think it's all part of the political pressure the white house is trying to apply to the congressional republicans. we saw the same thing in '11 when we had the near government shutdown and the dispute over t
their positions, and to basically refuse to take yes for an answer. the republicans immediately after the election said, we are going to give on this revenue thing, we're going to have to raise revenues, the question is how are we going to do it? and the obama administration almost like a character from "seinfeld" said we are going to do this out of spite and said we are going to have to raise the rates rather than do this loophole closing thing and all of the rest. the problem with that is that presidents get very few do officer, one ever the few that they get is right after an election they can change the tone, they can sort of start over and instead of doing that and trying to figure out how to fulfill this promise that obama has always made about being bipartisan he's decided just to sort of do the same thing he did with the stimulus, which is to try to steam roll the republicans, to crush them, to placate his base, and it has the potential to create another four years of partisan whommer and tong fighting in washington. jon: i wanted to get your reaction to what the treasury secretary had to
Search Results 0 to 2 of about 3 (some duplicates have been removed)